Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
He is in the unfortunate situation of having to pay 20% over the market rate just because the vendor has opted to tax.
Property is in general exempt from UK VAT. An owner can opt to charge VAT on rentals and sales on a property by property basis so were a registration made to recover the input tax only the VAT element proportional to exempt and non exempt trading activities could be reclaimed. That can be one of the big problems with exempt supplies. The business may have no or minimal VAT outputs and thus the proportion of exempt supplies will overwhelm the calculation all but extinguish any claims for input tax suffered. A further difficulty arises on ultimate sale. If VAT has been charged on rentals etc then the tax will also have to be levied on the selling price which may make disposal non-competitive.
For the purpose you suggest the game is probably not worth the candle.
I am so sorry to have to rain on your parade.
Thank you for your support.